The cryptocurrency exchange Binance announced significant personnel changes during the Binance Blockchain Week held in Dubai, with co-founder Yi He officially taking on the role of Co-CEO. Current CEO Richard Teng stated that Yi He has been a key driver of corporate culture, product strategy, and user growth since its inception. This appointment symbolizes Binance entering a new phase, as the two CEOs will work together to advance Web3 infrastructure, accelerate global expansion, and strive towards the vision of 1 billion users.
Yi He has been appointed as Co-CEO of Binance, Richard Teng: Key driver of growth
Binance announced today at the Binance Blockchain Week event that co-founder He Yi has officially been appointed as the company's Co-CEO, emphasizing that He Yi has been deeply involved in the company's strategy formulation, culture building, and product direction since Binance was founded in 2017, making her an indispensable member of the senior management team.
Current CEO Richard Teng stated: "This appointment is a natural progression, and she will continue to lead the organization to become stronger."
She possesses innovative thinking and a user-centric approach, having a critical impact on shaping the company's vision, culture, and bottom-up business strategy.
He pointed out that this appointment will allow the company to further enhance user experience and product layout on the existing foundation: "We are always committed to becoming the most trusted and compliant exchange in the world, and we will always put users first."
In our journey towards one billion users, He Yi plays an important role in strengthening the community and driving product innovation. We will focus together on building Web3 infrastructure, promoting financial freedom, and enabling more people to participate in a more open and equitable financial system.
He Yi looks to the future, joining forces to lead Binance in building the "next-generation financial system".
He Yi expressed that she is honored to co-lead Binance with Richard Teng.
She pointed out that Richard has decades of experience in traditional regulated financial markets and has been one of the key advocates for the early establishment of the crypto regulatory framework.
I feel honored to build the future together with Richard. We come from different perspectives and are confident in leading the industry's future.
She emphasized: "At this critical moment, we will responsibly expand our footprint in global markets, drive sustainable innovation, and always place users at the core."
(Wall Street Journal: Cryptocurrency queen "He Yi"'s steadfast reign at Binance amid legal storms)
This article about Binance co-founder He Yi being appointed as Co-CEO, alongside Richard Teng, to strive for the vision of one billion users first appeared in Chain News ABMedia.